b'Idaho Top Export Industries Partner 20201 Canada $1,184,129,132 Semiconductors and Industrial: 40% 2 Taiwan $413,545,741 Food and Agriculture: 29% 3 Singapore $332,329,070 Mining Products: 16% 4 Mexico $224,190,436 Fertilizer, Pesticide, Chemicals: 6% 5 Japan $201,096,083 Wood, Paper Pulp, Printing: 5% 6 China $161,223,5967 Malaysia $121,159,008 Transportation Equipment: 4% 8 Netherlands $99,634,9029 South Korea $90,450,796Exports totaling $100M not displayed including personal care products;10 Australia $54,844,781other; fabricated metal products: oce, home, outdoor; and textiles.FIGURE 2. Idaho Top Export Industry Overview and 2020 Trade Partnershttps://commerce.idaho.gov/content/uploads/2021/04/Idaho-Global.pdfheadquarters in Boise in 1973. It is a leading globaleven greater without the global shortages. Micron technology company with both HP, Inc., and Hewlettexperienced a production disruption caused by an Packard divisions in Boise.5 earthquake and power outage at one of its DRAM plants in Taiwan in December 2020, though this hasnt Chip Shortage stopped the Boise-based company from increasing Demand for semiconductors has risen over the pastprots. Its noted, Micron could see revenue surge by ten years, mostly because of increased smart phonemore than $1 billion from its core memory products, and computer usage (see Figure 3). There was aand analysts expect those types of gains to continue slight drop in semiconductor sales through 2019, butthroughout 2021.7then rose again by 5.4% in 2020 during the COVIDSOFT WARE DEVELOPMENTpandemic because of increased home gadget usage. Additionally, as vehicles in recent years use moreSoftware is the intangible code or set of instructions semiconductors for car electronics, the prices forused in computers.those chips have increased dramatically. Carmakers have underestimated vehicle consumption, alongSoftware companies are on the rise in Idaho. The state with the number of chips needed for new eets ofhas more than 800 software companies, many of vehicles, further fueling chip shortages. As a result,which are in the Treasure Valley. The increasing need lead times, the duration between when an order isfor software and a relatively low amount of capital placed and when it is lled, stretched to 15 weeks onis required to start up an operation creates great average by February 2021 for the rst time since dataopportunity for this industry to ourish. In addition, collection started in 2017.6 the major hardware companies in the area provide many software jobs. The need for online security also The chip shortage has driven memory chip pricesaccounts for many software jobs. The major challenge upward and resulted in a large gain in sales forfor software companies is the availability of qualied Micron. Trendforce, an analyst rm, states prices forworkers in the form of software engineers. Improving DRAM rose between three and eight percent in theeducation in the state is part of the solution, as is rst calendar quarter of 2021 and expects prices willattracting talent from other states.8rise between 13% and 18% in the second calendar quarter. Sanjay Mehrotra, Microns chief executiveTwo companies worth highlighting are Sirma Group ocer, believes memory demands would have beenand Clearwater Analytics. Established in 1992, Sirma 90 I D A H O I N F R A S T R U C T U R E G U I D E B O O K'